Million Dollar Lakefront

Tahoe’s selling season is such an anomaly that if someone wants to sell before winter they need to almost set something on fire to create attention! The lakefronts are no exception and this one is but the latest major, eye-catching price reduction intended to snag a buyer now. Two weeks ago this house was priced at $1.99m. On 10/20 it dropped to $1.35m. Now, at $1.05m, if it takes more than a week to see an offer this place could post as the year’s lowest-valued lakefront sale (unless the lakefront foreclosure/REO in King’s Beach sells with a lowball offer).

This is a cute Tahoe home that’s only 11 years old. It’s just about 1400 square feet but has a great layout with 4 bedrooms, two of which are second story with lake views. It’s a gentle lot, has a cozy feel, huge 2-car garage and central location in North Tahoe’s Carnelian Bay.

This is definitely worth a look as a sheer buy and hold investment with massive rental potential as a direct neighbor to GarWoods Restaurant. Call or email Alex for more information as this one shouldn’t last long…